Page 7 - Dabur India

Dabur India dips 3% as 1% equity change hands via block deals

At 09:15 am, around 18.2 million equity shares, representing 1.02 per cent of total equity of Dabur India, changed hands on the BSE

Wipro Consumer enters food category; acquires Nirapara for undisclosed sum

The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India

Stocks to Watch: Auto, Voda Idea, Axis, IDBI Bank, Dabur, Spandana Sphoorty

Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.

Dabur India enters women's personal hygiene with sanitary napkin launch

Product will only be sold online, comes in two variants

Eveready charged up, aims to double revenue in 4 years with existing biz

Company's focus shifts to topline growth under Burmans; may look at new categories later

Dabur to acquire 51% stake in Badshah Masala; stock rises 4%

The management said that the transaction is expected to be Cash EPS neutral in the first year and accretive thereafter.

Stocks to watch: Zee Ent, SBI Cards, Tata Chemicals, Glenmark Pharma, Dabur

Stocks to watch today: SBI Cards, Indus Towers will report July-September quarter results on Thursday, October 27; Sony India and Zee Ent plan to sell 3 Hindi channels to address anti-competition

Price hike is the last thing on our mind: Dabur India CEO Mohit Malhotra

'We are very reluctant because price rise has an impact on the demand as well as the volume growth', he said

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Acquisition in line with its strategic intent to expand its food biz to Rs 500 crore in 3 years

FMCG major Dabur announces investment of Rs 325.87 crore in Indore plant

Home-grown FMCG major Dabur on Wednesday said it will invest Rs 325.87 crore in its Indore plant. The company will manufacture red toothpaste and one-litre juice packs, and increase the production capacity of portion packs of its range of juices. "The Board of Directors have approved the Capital Expenditure of Rs 325.87 crore for its Indore Project in Madhya Pradesh," the company said in a regulator filing. The work for capacity addition would be completed in the next 1.5 years, and production would start in March 2024, the FMCG firm said. This capex would be financed through internal accruals, Dabur added. Earlier this year, during an investors' call, Dabur said it has planned a capex of Rs 400 crore to Rs 450 crore in FY23 to expand its manufacturing capacity. Last year, Dabur India announced an investment of Rs 550 crore at its Indore plant.

Dabur India to acquire 51% stake in Badshah Masala in Rs 587.52-cr deal

Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category. The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm engaged in manufacturing, marketing and export of ground spices, blended spices and seasonings, said a joint statement. "The acquisition is in line with the company's strategic intent of entering into new adjacent categories in the food space," Dabur India said in a regulatory filing. Over the acquisition cost, Dabur India said "51 per cent equity shareholding has been agreed at Rs 587.52 crore less proportionate debt as on the closing date", with the Badshah enterprise being valued at Rs 1,152 crore. While the balance 49 per cent of the equity share, Dabur said is "to be acquired after a period of 5 years." With this acquisition, Dabur India aspires to "expand

Dabur Q2 profit slips 2.8% to Rs 490.86 cr; revenue up 6% at Rs 2,986.5 cr

Homegrown FMCG major Dabur India Ltd on Wednesday reported a 2.85 per cent decline in its consolidated net profit to Rs 490.86 crore for the second quarter ended September 30. The company had posted a net profit of Rs 505.31 crore in the July-September quarter a year ago, Dabur India said in a regulatory filing. However, its revenue from operations rose 6 per cent to Rs 2,986.49 crore during the quarter under review against Rs 2,817.58 crore in the corresponding quarter of the previous fiscal. Dabur India's total expenses increased 8.94 per cent to Rs 2,471.28 crore in the latest September quarter. The same stood at Rs 2,268.47 crore last year.

FMCG companies may see price hike-led revenue growth In July-September

Volumes to remain under pressure due to grammage reductions

Sensex swings 760 pts, ends 200 pts down; Nifty holds 17,200; IT stocks up

CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.

Dabur enters peanut butter market with 'Real Health Peanut Butter' range

This peanut butter has No added sugar, salt & oil," said Smerth Khanna

Stocks to Watch: Titan, Dabur, Nykaa, HCL Tech, Mahindra Life, Quess Corp

Stocks to Watch Today: Shares of Titan are likely to be in focus after the company reported 18 per cent sales growth for the September quarter; Dabur may see a downtick owing to earnings warning.

Dabur says consolidated revenue in Q2 likely to grow in mid-single digit

Home-grown FMCG major Dabur India on Thursday said its domestic business had a "steady performance" and is expected to report "revenue growth in mid-single digit" for the second quarter ended September. Despite the macro-economic challenges, Dabur said it continued to "grow ahead of category growths and gain market share" in most of the segments in the September quarter, both in domestic and overseas markets. "Overall, the consolidated revenue is expected to grow at mid-single digit," the company said in its quarterly update. Dabur's Food & Beverages vertical continued to lead with double-digit growth on a high base of 43 per cent rise in the second quarter of FY22 in the domestic market. "Home and Personal Care portfolio is expected to record mid-single digit growth on a high base of 16.7 per cent growth in Q2FY22. "Healthcare vertical is expected to report a near double-digit growth in terms of 3-year CAGR but will see a muted performance during the quarter on the back of high .

Dabur India flags up to 200 bps margin hit in Q2 as inflation bites

Dabur's consolidated revenue grew 8.1% in the June-quarter, with an operating margin of 19.62%

Top headlines: Sep services growth at 6-month low; Dabur flags margin hit

"During the quarter, inflation was at peak levels which impacted gross margins," Dabur said in a regulatory filing

Endgame at McLeod Russel amid risk of losing control of last major asset

With two rival bids, the once powerful group that owns the world's largest tea producer is in danger of losing control of its last major asset